SWANCORPNSESWAN CORP LIMITEDMediumNeutral
Announced Tue, 19 May · 19:53 IST

SWAN CORP LIMITED has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

SWANCORP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹313.00
prior close
₹309.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6+0.8+0.5+0.5+1.3+1.5+3.4+1.9+2.6+1.4-0.7+4.2-0.4
Up moveDown movePending
AI summary

Swan Corp Limited held a Postal Ballot via remote e-voting concluding on 19 May 2026, with two Special Resolutions passed. Resolution 1 approved the appointment of Ms. Bhagwati Sharma as Non-Executive Independent Director with 99.99% shareholder support (233.8 million votes in favour, 12,575 against). Resolution 2 approved the appointment of Mr. Ashish Chhabria as Non-Executive Independent Director with 96.77% support (226.3 million votes in favour, 7.6 million against). The voting participation was strong at approximately 74.6% of total shares outstanding. Both appointments received requisite majority approval and are now effective.

Likely market impact

The appointments of two independent directors strengthen the board's governance structure. The near-unanimous shareholder backing is positive for the company's governance standing and signals institutional confidence.